The 7/12 extract, also known as "Satbara Utara," is an essential document for land owners and potential buyers in Aurangabad, Maharashtra. This crucial piece of paper is a part of the land registration and management system used extensively in India, particularly in Maharashtra. This document provides comprehensive details about a specific piece of land and serves multiple purposes, including validating true ownership and serving as a vital tool in obtaining agricultural loans.
If you are planning to purchase land, it is always a good idea to start saving up for this purchase in advance. You can choose to invest in mutual funds or in fixed deposits depending on your risk appetite. Should you already own property, you can also look at financing your land purchase via a loan against property.
What is a 7/12 land record?
A 7/12 land record is an extract from the land register maintained by the revenue department of the government of Maharashtra. The document contains all the important information pertaining to land such as survey number, area, ownership details, and information about the type of cultivation on the land. This document is named after the two main sections of the register: 7 and 12, which provide the mutation status and cultivation details, respectively.
Importance of 7/12 land records in Aurangabad
- Proof of ownership: The 7/12 extract is a legally recognised proof of ownership. It is frequently used in court cases related to land disputes, making it a critical document for all landowners.
- Agricultural and loan assistance: For farmers, the 7/12 extract is necessary to apply for loans and subsidies offered by the government. Banks often require this document as evidence that the applicant indeed owns the land in question and assesses the type of crop grown to determine loan eligibility.
- Record of crops: This document also details the types of crops that were cultivated on the land during the given year, providing important data for various agricultural policies and schemes.
- Legal uses: The extract can be used to check the legal status of the land, whether there are any encumbrances or liens against the property.
How to obtain a 7/12 land record in Aurangabad?
Online method:
The Maharashtra government has digitalised the process for obtaining a 7/12 extract, which can now be accessed online through the Maharashtra land records website. Here is how you can do it:
- Visit the official website for Maharashtra land records.
- Select the district (Aurangabad), taluka, and village from the drop-down menu.
- Enter the survey number or group number of the land.
- Submit the form to view the record online, which can also be printed out for personal use.
Offline method:
For those who prefer traditional methods or do not have access to the internet, the 7/12 extract can be obtained offline by:
- Visiting the nearest revenue office (Tehsil office).
- Providing the survey number and other required details.
- Requesting a printed copy of the 7/12 extract.
Challenges and considerations
Despite its importance, obtaining a 7/12 land record in Aurangabad can sometimes be a challenging task due to bureaucratic delays and red tape. Moreover, inaccuracies in the land records due to clerical errors or outdated information can lead to legal complications. It is advisable to cross-verify the details in the 7/12 extract with actual land records and seek professional help in case of discrepancies.
The 7/12 extract remains a pivotal document in managing land-related activities in Aurangabad, and understanding its nuances is crucial for anyone involved in buying or owning land in the region. With the advent of digital tools, it is now easier to access these records online, although challenges remain. Ensuring the accuracy of your land records can save you from future legal troubles and help maintain clear land titles. Whether you are a farmer, a real estate investor, or just a resident interested in land ownership, the 7/12 extract is an indispensable asset in your administrative toolkit.
Understanding how you will finance your land purchase is a crucial milestone when it comes to buying land. You can explore various avenues such as mutual funds, fixed deposits, or loan against property to ensure that you are financially secure when purchasing property. Should you wish to purchase a residential property instead of land, you can also take advantage of a home loan from Bajaj Housing Finance, a wholly owned subsidiary of Bajaj Finance.
Start planning your land purchase today!